First Rate Property Management Blog

Myths About Rental Property Pricing

Blog Post

By Melissa S. Wednesday, February 7, 2024

It's easy to see why renting has become one of the most popular side hustles in recent years. Rent is at an all-time high with a median cost of $2,000.As everyone scrambles to rent out their properties for passive income in Boise, they fall prey to misconceptions about the &q...

Read More

How Does Property Maintenance Protect Your Real Estate Value?

Blog Post

By Melissa S. Sunday, January 28, 2024

If you own property in Boise, you have a lot of different things to juggle when it comes to keeping up with things. But, you need to make sure you're not jeopardizing your real estate value - that's where property maintenance becomes vital.Let's go through what you ne...

Read More

Mistakes to Avoid When Selecting an Investment Property in Boise

Blog Post

By Melissa S. Sunday, January 21, 2024

Embarking on the journey of selecting an investment property in Boise is an exciting venture, filled with promises of financial growth and prosperity.However, amid the thrill of potential returns, it's crucial to navigate the process with caution. If you're not careful, y...

Read More

Rental Property Inspections: Important Things to Check

Blog Post

By Melissa S. Sunday, January 14, 2024

Ever wondered how those routine property check-ups could be your secret weapon in protecting your rental's value? Rental property inspections might just be the superhero cape your investment needs.They're not just a formality - they're your shield against sneaky damag...

Read More

Why You Need Rental Analysis for the Boise Rental Market

Blog Post

By Melissa S. Sunday, January 7, 2024

Real estate investing has been one of the most profitable enterprises since people owned private property. Those who invest in rental properties find it extremely lucrative as well but realize that it requires a lot of work as well.This entails remaining competitive in your parti...

Read More

Navigating Common Challenges in Leasing Management

Blog Post

By Melissa S. Thursday, December 28, 2023

It might be tempting to just jump into the world of real estate. You have your residential rental properties, and the world's your oyster. But if you're not prepared, leasing and property management challenges can be a dealbreaker.But never fear - we've got the info y...

Read More

2024 Consumer Housing Report

Blog Post

By Angiee A. Saturday, December 23, 2023

2024 Consumer Housing Report The escalation of mortgage rates often takes the spotlight in news and media; however, rental prices have also surged, affecting a vast number of individuals across the United States. According to Zillow, in the Fall of 2023, the average rent exceeded...

Read More

4 Strategies for Maximizing Your ROI as a Real Estate Investor

Blog Post

By Melissa S. Thursday, December 21, 2023

With sky-high interest rates and shrinking inventory in Boise, it's a great time to be a real estate investor. So how do you make sure you find success?From operating costs to management, we've rounded up everything you need to know about getting the biggest return on inv...

Read More

Signs You Need to Hire a Property Management Company

Blog Post

By Melissa S. Thursday, December 14, 2023

There are over 49.5 million rental housing units in the US. 46% are small properties with one to four units.70% of these are owned and managed by individuals. They're known as mom-and-pop landlords.These small operations may be the first to need help to stay afloat, but real ...

Read More

Do Property Managers Pay for Repairs?

Blog Post

By Melissa S. Thursday, December 7, 2023

According to a recent Gallop poll, almost twice as many Americans say that real estate is a better long-term investment than stocks or mutual funds. Rental properties are more than just investment, but provide a potential source of passive income.They require a lot of work though...

Read More